HomeMy WebLinkAboutResolution No. 041-14 r
RESOLUTION
BE IT RESOLVED by the Common Council of the City of Rochester that the City does
hereby approve of the University of Minnesota Rochester's request for the release of sales tax
funds for the following projects:
1. The amount of $496,000 for parking lot concrete slab removal, environmental
remediation, and landscape improvements to the parcels formerly addressed as
617 and 701 South Broadway.
2. The amount of $470,000 for abatement and demolition at 724 First Avenue S.W.,
(former Durst office building purchased by UMR from the YMCA).
3. The amount of $1,320,000 to purchase three parcels owned by the City (formerly
601 and 609 First Avenue S.W., and 614 Sixth Street S.W.)
BE IT FURTHER RESOLVED that the Common Council directs the Mayor and City Clerk
to execute any and all documents related to the sale of City-owned properties to the University of
Minnesota.
• PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS DAY OF PX-�rmiL\ , 2014.
lc2,t,4 1 /J,!!
PRESIDENT F SAID COMMON COUNCIL
ATTEST:
CITY CLERK
APPROVED THIS DAY OF , 2014.
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)
Res l O W pprove.SalesTaxRelease l
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